With a capital gain of 1.67% for the last 12 months, Leongatha, 3953 has performed for property investments than its average annual 3.09% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leongatha has increased when compared to the 5 year average annual rate.
Leongatha3953 is located in VIC which offers an average discount of -5.80% to property investors. Leongatha itself is showing figures that indicate -5.52% is the average achievable by property buyers investing in the suburb.
Leongatha, 3953’s gross rental yield is 4.60%
Over the last year, property investments in Leongatha, 3953 have given investors a capital gain of 0.92%. This compares badly with the 4.28% for VIC as a whole.
Across a shorter period, Leongatha, 3953 has seen a median price increase of -0.36% over the last quarter.
Using the current median advertised rental of $220 and the average annual increase in value of a median property of 2.47%, investors should hope to achieve an overall return of 4.16%